The share of the Saudi Arabian Oil Company, Saudi Aramco, continued its positive performance at the end of the trading session on Tuesday; The pace of the stock's gains and its rise continued for the sixth session in a row.
The stock closed today's trading up by 3.90%, its highest level in 6 months.
Saudi Aramco’s stock closed Tuesday’s session, recording a level of 36 riyals, which is the highest level recorded by the company’s stock in 6 months. Specifically, since the session of October 24, 2022, when it reached the level of 36.50 riyals.
Aramco share recorded gains during today’s session by 1.35 riyals, which means recording market gains of 297 billion riyals ($79.2 billion), bringing the company’s market value by the end of the session to 7.920 trillion riyals ($2.112 trillion).
The stock rose during the last 6 sessions by 3.55 riyals, which means an increase in the company's market value by 781 billion riyals ($208.27 billion).
The trading value of Saudi Aramco shares during today's session amounted to 461.73 million riyals, through trading on 13.04 million shares, through more than 22.6 thousand transactions.
Aramco's share led the energy sector to gains of 3.7% during Tuesday's session, to lead the leading sector, the general index of the Saudi stock market, TASI, to record its highest level in nearly 6 months; The general index closed at 11,265.11 points, which is the highest level it has recorded since the November 9, 2022 session, when it scored 11,407.18 points.
